PPT-Aggregate Planning Chapter 11

MIS 373 Basic Operations Management Learning Objectives After this lecture students will be able to Explain what aggregate planning is and how it is useful Identify the variables decision makers have to work with in aggregate planning. Aggregate Output, Prices, and Economic Growth. Presenter’s name. Presenter’s title. dd. Month . yyyy. 1. Introduction. The focus of this chapter is on macroeconomics, which is the theory and analysis of a nation’s . Spring 2011. Dr. Gary Gaukler. Introduction to Aggregate Planning. Goal: To plan gross work force levels and set firm-wide production . plans, based on predicted demand for aggregate units.. . Hierarchy of Planning . Spring 2011. Dr. Gary Gaukler. Two-equation Smoothing Model. Add linear trend:. Assume . D. t. = . m. + t . G. + . e. t. . . S. t. = . a. . D. t. + (1-. a. ) [. S. t-1. + 1 . G. t-1. ],. Aggregate expenditure line. Real GDP demanded. Changes in aggregate expenditure. Simple spending multiplier. Changes in the price level. Aggregate demand curve. Components of aggregate expenditure (AE). Chapter 11. Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. Chapter 11: Learning Objectives. Operations Management. Dr. Ron . Lembke. Learning Objectives. Describe planning. Distinguish the types of plans. Define aggregate scheduling. Relate aggregate scheduling to the overall planning process. Dr. Ron Lembke. Learning Objectives. Describe planning. Distinguish the types of plans. Define aggregate scheduling. Relate aggregate scheduling to the overall planning process. Explain aggregate scheduling options. . Fluctuations. Chapter 9. © Dünhaupt, Dullien, Goodwin, Harris, Nelson, Roach, . Torras. Learning Goals. After . today‘s. . lecture. , . you. will . be. . able. . to. :. Describe how unemployment and inflation . Today:. Aggregate demand. Why is it downward sloping?. Factors that affect the aggregate demand. Aggregate supply. Long-run aggregate supply. Short-run aggregate supply. Why is it upward sloping?. Factors that affect the short-run aggregate supply. Aggregate Supply. Learning Objectives. Define the aggregate demand curve. Explain why it slopes downward. Explain why it shifts. Define the aggregate supply curve. Explain why it slopes downward. Explain why it shifts. Chapter 11: Learning Objectives. You should be able to:. Explain what aggregate planning is and how it is useful. Identify the variables decision makers have to work with in aggregate planning and some of the possible strategies they can use. Chapter 11. McGraw-Hill/Irwin. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.. Chapter 11: Learning Objectives. You should be able to:. Explain what aggregate planning is and how it is useful. Chapter 13. © Dünhaupt, Dullien, Goodwin, Harris, Nelson, Roach, . Torras. Learning goals. After . today‘s. . lecture. , . you. . will . be. . able. . to. :. Explain . the derivation of the Aggregate Demand curve relating inflation and output levels, and how it shifts.. LO19–1: Understand what sales and operations planning is and how it coordinates manufacturing, logistics, service, and marketing plans.. LO19–2: Construct and evaluate aggregate plans that employ different strategies for meeting demand..